Refuge on the Ridge

Analysis

Refuge on the Ridge is a registered charity in United States, based in Lake Wales, FL. It received its IRS tax-exemption ruling in May 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Refuge on the Ridge reported income of $284k and spending of $291k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $236k to $284k (+21%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Refuge on the Ridge sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Generosity Foundation ($284k), Childrens Bible Fellowship of N Y Incorporated ($285k) and Blind Faith Ministries Inc ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $64k (22% of expenses). At year end it held assets of $14k against liabilities of $0, net assets of $14k.